SP Group seeks two month delay for Rs 14300 crore bond payment amid FX hedging squeeze

Published on 24 April 2026

A hedging rule change is complicating the repayment plan

Shapoorji Pallonji Group (SP Group) is in talks with bondholders to defer a Rs 14,300-crore bond payment by two months. The company says foreign exchange swings and newly tightened hedging regulations are disrupting its funding and repayment timeline. SP Group is exploring alternate financing options while negotiating an extension, aiming to reach an agreement soon.

SP Group is negotiating a two-month bond payment extension
Rs 14,300 crore repayment is facing timing pressure
FX fluctuations and stricter hedging rules are cited as causes
The firm is seeking fresh funding while talks continue

#shapoorji pallonji #debt restructuring #foreign exchange #hedging #bond payment

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

SP Group seeks two month delay for Rs 14300 crore bond payment amid FX hedging squeeze

The full experience is on mobile.